GAMCO Asset Management (UK)

GAMCO's non-U.S. affiliate GAMCO Asset Management (UK) Limited provides products and services designed specifically for overseas investors. GAMCO does not offer these products or services outside their intended countries or regions, and purchase orders from U.S. investors will not be accepted, subject to limited exceptions.

The information available through accessing GAMCO Asset Management (UK) Limited has been prepared and is maintained by non-U.S. affiliates of GAMCO Investors, Inc. Access to this material by U.S. residents is for informational purposes only and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security under U.S. law. All content contained therein should be considered, and is subject to, the specific regulatory requirements under which GAMCO Asset Management (UK) Limited operates.

To reach the web site of a non-U.S. affiliate of GAMCO Investors, Inc., please click here.

Gabelli Japan, K.K.

GAMCO's non-U.S. affiliate Gabelli Japan, K.K. provides products and services designed specifically for overseas investors. GAMCO does not offer these products or services outside their intended countries or regions, and purchase orders from U.S. investors will not be accepted, subject to limited exceptions.

The information available through accessing Gabelli Japan, K.K. has been prepared and is maintained by non-U.S. affiliates of GAMCO Investors, Inc. Access to this material by U.S. residents is for informational purposes only and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security under U.S. law. All content contained therein should be considered, and is subject to, the specific regulatory requirements under which Gabelli Japan, K.K. operates.

To reach the web site of a non-U.S. affiliate of GAMCO Investors, Inc., please click here.

Objective

The Gabelli Gold Fund, Inc. seeks to provide investors with long term capital appreciation.

Principal Investment Strategies:
Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of foreign and domestic issuers principally engaged in gold-related activities and gold bullion. The Fund seeks to achieve its objective by focusing on stocks that are undervalued, but which appear to have favorable prospects for growth. Because most of the world's gold production is outside of the United States, the Fund expects that a significant portion of its assets may be invested in securities of foreign issuers, including those located in developed as well as emerging markets.

The Fund may appeal to you if:

you are seeking a long-term goal such as retirement

you are looking to add an aggressive growth component to your portfolio

you are willing to accept higher risks of investing in a sector of the stock market in exchange for long-term returns

Portfolio details

Returns represent past performance and do not guarantee future results. Current performance may be lower
or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon
redemption, shares may be worth more or less than their original cost. To obtain the most recent month end
performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com

Investment in gold stocks is considered speculative and is affected by a variety of worldwide economic, financial and political factors. The Fund may be subject to significant volatility and investors may experience substantial loss of value in a short period of time. The Gabelli Gold Fund invests in foreign securities which involves risks not ordinarily associated with investments in domestic issues, including currency fluctuation, economic and political risks. Funds concentrating in specific sectors may experience greater fluctuations in value than funds that are more diversified.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800-GABELLI or visit www.gabelli.com.

The Gabelli Mutual Funds are distributed by G.distributors, LLC., a registered broker-dealer and member of FINRA.